Generated by Rank Math SEO, this is an llms.txt file designed to help LLMs better understand and index this website.

# Kuda

## Sitemaps
- [XML Sitemap](https://www.kuda.com/sitemap_index.xml): Includes all crawlable and indexable pages.

## Posts
- [Spend+Save now pays you 9% annual interest](https://www.kuda.com/blog/spendsave-now-pays-you-9-annual-interest/): Kuda Premium users now earn 9% annual interest on Spend+Save.
- [How To Check Your NIN In Nigeria](https://www.kuda.com/blog/how-to-check-your-nin-in-nigeria/): Need your 11-digit NIN for your bank account, SIM card or a government service? Here’s how to retrieve it, even if you’ve lost your original slip.
- [How To Save Money: Simple Ways To Start And Stick With It](https://www.kuda.com/blog/how-to-save-money-simple-ways-to-start-and-stick-with-it/): Even on a tight budget, here's how to start saving and keep it going.
- [Meet the new Kuda Business app](https://www.kuda.com/blog/meet-the-new-kuda-business-app/): Running a business rarely means doing things one at a time. You’re often paying a supplier, checking orders, sorting stock, moving money and handling customers all at once.
- [Give Your December And January A Head Start](https://www.kuda.com/blog/give-your-december-and-january-a-head-start/): Lock between ₦100,000 and ₦5,000,000 for three months and earn 20% per annum on Kuda Premium
- [How To File Your Personal Income Tax Returns In Nigeria: A Step-By-Step Guide](https://www.kuda.com/blog/how-to-file-personal-income-tax-returns-nigeria/): Learn how to file your personal income tax returns in Nigeria in 2026. Step-by-step guide to filing through LIRS e-Tax, deadlines, penalties, and what you need to know.
- [Meet the new Kuda app, built for more](https://www.kuda.com/blog/meet-the-new-kuda-app-built-for-more/): Around seven years ago, a small team set out to transform banking for Nigerians. Today, Kuda is the bank that helps you get more from your money, and more for your life.
- [How To Link Your NIN To Your Phone Number In 2026 (MTN, Airtel, Glo, 9mobile)](https://www.kuda.com/blog/how-to-link-your-nin-to-your-phone-number-in-2026-mtn-airtel-glo-9mobile/): Learn how to link your NIN to your phone number. Here's exactly how to do it for your MTN, Airtel, Glo, and 9mobile networks.
- [SME Banking In Nigeria: Business Tools And Loans](https://www.kuda.com/blog/sme-banking-in-nigeria-business-tools-and-loans/): SME banking in Nigeria is changing fast. See how smart business tools and loans can help you grow stress free.
- [Best Loan Apps In Nigeria: Quick And Low Interest Rates (2026)](https://www.kuda.com/blog/best-loan-apps-in-nigeria-quick-and-low-interest-rates-2026/): Running low on cash? Here are the best loan apps in 2026, interest rates, repayment terms, and everything you need to know before you borrow.
- [How to Check Your Bank Verification Number (BVN) in Nigeria](https://www.kuda.com/blog/how-to-check-your-bank-verification-number-bvn/): Learn how to check your BVN using USSD and online methods. Follow this simple guide to quickly find your Bank Verification Number on any network.
- [Why Is It Important To Have An Emergency Fund?](https://www.kuda.com/blog/why-is-it-important-to-have-an-emergency-fund/): An emergency fund is one of the most important things you can do for your finances. Here’s what it is, why it matters, and how to build one without stress.
- [Current Account vs Savings Account](https://www.kuda.com/blog/current-account-vs-savings-account/): Bank accounts serve essential roles in personal and business finance. They provide options for managing funds, facilitating transactions and earning interest. 
- [How To Check Your Credit Score In Nigeria And Why It Matters](https://www.kuda.com/blog/how-to-check-credit-score-nigeria-why-it-matters/): Learn how to check your credit score in Nigeria. A step-by-step guide to credit bureaus, reports, and tips to improve your score fast.
- [Your Salary Can’t Fix Bad Money Habits](https://www.kuda.com/blog/your-salary-cant-fix-bad-money-habits/): These simple habits will change how your salary works for you
- [Best Ways To Send Money From The UK To Nigeria In 2026](https://www.kuda.com/blog/best-ways-to-send-money-from-the-uk-to-nigeria-in-2026/): Discover the best ways to send money from the UK to Nigeria in 2026, compare the top transfer options, and see how Kuda helps you receive, manage, and use money in Nigeria with ease.
- [Everything You Need To Know About Virtual Cards In Nigeria](https://www.kuda.com/blog/everything-you-need-to-know-about-virtual-cards-in-nigeria/): Learn what virtual cards are, how they work, the types of transactions you can make, and how to get one.
- [Types Of Payment Cards In Nigeria: Advantages And Differences](https://www.kuda.com/blog/types-of-payment-cards-in-nigeria-advantages-and-differences/): Everything you need to know about payment cards, including their types, features, and advantages.
- [How To Open An Online Bank Account In Nigeria Easily](https://www.kuda.com/blog/how-to-open-an-online-bank-account-in-nigeria-easily/): Learn how to open an online bank account in Nigeria easily. See requirements, step-by-step guide, top digital banks like Kuda, and safety tips for 2026.
- [How To Calculate Loan Interest Rate In Nigeria](https://www.kuda.com/blog/how-to-calculate-loan-interest-rate-in-nigeria/): Learn how to calculate loan interest rates in Nigeria with simple and compound formulas. Understand fixed versus variable rates, see real-life examples, and get tips to borrow wisely.
- [Pitch Your Business For A ₦1,000,000 Grant](https://www.kuda.com/blog/pitch-your-business-for-a-1-000-000-grant/): If you’re a woman who runs a food or hospitality business in Lagos, you could win a Kuda for Her grant.
- [How To Set Boundaries In Business](https://www.kuda.com/blog/how-to-set-boundaries-in-business/): A few unhealthy habits might be holding you back. Let’s help you kick them.
- [Your 2026 Debt-Free Guide To Paying Rent In Lagos](https://www.kuda.com/blog/debt-free-rent-guide-lagos/): Learn how to pay your Lagos rent without loans or stress. Get practical steps, real 2026 prices, and smart saving strategies that actually work.
- [How To Get A Personal Loan In Nigeria In 2026](https://www.kuda.com/blog/how-to-get-personal-loan-in-nigeria/): Learn how to get a personal loan in Nigeria, from requirements to tips for easy approval. Borrow smartly and explore Kuda Overdraft.
- [Four Ways To Care For Your Business](https://www.kuda.com/blog/four-ways-to-care-for-your-business/): It’s the little things.
- [Systems Your Business Needs In 2026](https://www.kuda.com/blog/systems-your-business-needs/): Simple ways to run your business without chaos.
- [What The 7.5% VAT On Transaction Fees Really Means](https://www.kuda.com/blog/what-the-7-5-vat-on-transaction-fees-really-means/): Nigeria introduced a 7.5% VAT on banking service fees from January 19, 2026. Learn what's taxed, what's not, and how it affects your everyday transactions.
- [How To Achieve Goals (For Real)](https://www.kuda.com/blog/how-to-achieve-goals-for-real/): A sensible guide that’ll help you turn wishes into progress.
- [10 Side Hustles You Can Start With Your Phone In 2026](https://www.kuda.com/blog/10-side-hustles-you-can-start-with-your-phone/): Discover 10 practical side hustles you can start in 2026 using just your phone. From freelance writing to digital products, learn how to earn extra income alongside your full-time job.
- [The Circle You Should Start The Year With](https://www.kuda.com/blog/the-circle-you-should-start-the-year-with/): Start the year right by building a circle that supports your money goals. Learn how to identify people who help your finances, handle pressure, and stay grounded with mindful spending habits.
- [Simple Budgeting Tips For Nigerians In 2026](https://www.kuda.com/blog/simple-budgeting-tips-for-nigerians/): Stop living paycheck to paycheck. Discover seven simple budgeting tips for Nigerians in 2026 to help you track spending, master the 50/30/20 rule, and build lasting financial freedom.
- [See Your Invoice History In One Report](https://www.kuda.com/blog/see-your-invoice-history-in-one-report/): We built a report exclusively for invoice payments on Kuda Business.
- [Digital Banks Versus Traditional Banks In Nigeria: Which Is Right For You?](https://www.kuda.com/blog/digital-banks-vs-traditional-banks-nigeria/): Confused about choosing between digital and traditional banks in Nigeria? Learn the real differences, benefits, and challenges to make the best decision for your money in 2026.
- [Top Five High-Income Skills Or Careers For Nigerians In 2026](https://www.kuda.com/blog/top-five-high-income-skills-or-careers-for-nigerians/): Want to earn more in 2026? Discover the top five high-income skills and careers Nigerian professionals are learning to boost their earning potential and career growth.
- [You Need Financial Clarity Now](https://www.kuda.com/blog/you-need-financial-clarity-now/): Start the year with a clear view of your money so you can make better decisions.
- [How To Negotiate Your Salary In 2026](https://www.kuda.com/blog/how-to-negotiate-your-salary-in-2026/): Learn how to negotiate your salary in 2026 with practical tips on timing, research, building your case, and having the conversation. Get the raise you deserve.
- [How To Bounce Back Financially After December](https://www.kuda.com/blog/how-to-bounce-back-financially-after-december/): December spending left your account empty? Learn practical ways to recover financially in January, from cutting unnecessary expenses to setting up realistic savings goals.
- [The Top Reactions To My Year On Kuda](https://www.kuda.com/blog/the-top-reactions-to-my-year-on-kuda/): Discover the top reactions to My Year On Kuda 2025. See how Nigerians spent, analysed their financial decisions, and kept things moving with Kuda Overdraft.
- [Do Less Work With Teams On Kuda Business](https://www.kuda.com/blog/do-less-work-with-teams-on-kuda-business/): The latest update to your Kuda Business app lets you share your workload with your team without giving up control.
- [How Murals.ng Is Making Art Work In Nigeria With Kuda Business](https://www.kuda.com/blog/how-murals-ng-is-making-art-work-in-nigeria-with-kuda-business/): How Murals.ng turned Nigerian art into a scalable business, using culture, creativity, and Kuda Business tools to grow, get paid, and work smarter.
- [How To Start Investing In Nigeria: A 2026 Guide](https://www.kuda.com/blog/how-to-start-investing-in-nigeria-guide/): Learn how to start investing in Nigeria in 2026. This practical guide covers budgeting, emergency funds, investment options like stocks and bonds, and smart investing strategies for Nigerian professionals.
- [She Turned Yoga Into A Profitable Business In Lagos And Kuda Business Helped Her](https://www.kuda.com/blog/she-turned-yoga-into-profitable-business-kuda-business/): Faith Onyesom built Good Faith Yoga from a personal healing practice, into a thriving Lagos studio. Discover how she uses Kuda Business to simplify her finances.
- [What The New CBN Cash Withdrawal Policy Means For Your Money](https://www.kuda.com/blog/the-new-cbn-cash-withdrawal-policy/): The Central Bank of Nigeria’s cash withdrawal rules took effect on January 1, 2026. This is the complete guide to the withdrawal limits and fees.
- [How To Start A POS Business In Nigeria In 2026](https://www.kuda.com/blog/how-to-start-a-pos-business-in-nigeria/): Start a profitable POS business in Nigeria. Learn setup costs, how to get a POS machine, top providers, and earn ₦150K to ₦600K monthly.
- [See What You Did With Your Money On Kuda In 2025](https://www.kuda.com/blog/see-what-you-did-with-your-money-on-kuda-in-2025/): Review your 2025 money moves with My Year On Kuda. See how you spent, saved, and sent your money clearly, simply, and without judgement.
- [Nigeria Tax Reform 2026: New Tax Laws, Tax-Free Threshold And What You Pay](https://www.kuda.com/blog/nigeria-2026-tax-reform-what-it-means-for-your-money-and-business/): Nigeria's 2026 tax reform and new tax laws effective January explained. Learn the ₦800,000 tax-free threshold, new brackets, CGT exemptions, and how to calculate your take-home pay.
- [Should You Pause Your Business In December?](https://www.kuda.com/blog/should-you-pause-your-business-in-december/): Whether you decide to carry on or take a break, we have some good guidance for you.
- [5 Money Habits That Might Be Hurting Your Business](https://www.kuda.com/blog/5-money-habits-that-might-be-hurting-your-business/): Our practical tips will help you form better money habits for your business.
- [How Kuda Business API Is Powering Payments For Thousands Of Mono Customers](https://www.kuda.com/blog/how-kuda-business-api-is-powering-payments-for-thousands-of-mono-customers/): Mono is turning customer requests into uninterrupted payment journeys powered by Kuda Business API.
- [How To Spend Your 13th Month Salary](https://www.kuda.com/blog/how-to-spend-a-13th-month-salary/): Follow our guide to make the most of your extra full salary.
- [Everything You Need to Know About Kuda Premium](https://www.kuda.com/blog/everything-you-need-to-know-about-kuda-premium/): A complete guide to Kuda Premium including how to earn Kuda Coins, unlock Premium, and get rewards
- [Is Your Business Ready For The December Rush?](https://www.kuda.com/blog/is-your-business-ready-for-the-december-rush/): How to get the best out of the busiest season of the year with Kuda Business.
- [Four Questions To Ask Yourself Before Black Friday](https://www.kuda.com/blog/four-questions-to-ask-yourself-before-black-friday/): Let’s help you make better shopping decisions.
- [Top Investment Opportunities With High Returns To Explore In Nigeria](https://www.kuda.com/blog/top-investment-opportunities-with-high-returns-nigeria/): Explore top investment opportunities in Nigeria with high returns. Learn smart ways to grow your money safely in 2026.
- [How To Get A Business Loan In Nigeria Without Collateral](https://www.kuda.com/blog/business-loans-without-collateral-in-nigeria/): If you need a collateral-free business loan in Nigeria, this guide explains how to get one from Kuda, including eligibility, interest rate, and repayment tips.
- [How To Get A Personal Loan In Nigeria](https://www.kuda.com/blog/how-to-get-a-personal-loan-in-nigeria/): Learn how to get a personal loan in Nigeria, from requirements to tips for easy approval. Borrow smartly and explore Kuda Overdraft options.
- [Everything You Need To Know About The New Kuda Overdraft](https://www.kuda.com/blog/the-new-kuda-overdraft/): Learn how the new Kuda Overdraft works, who can get it, interest rates, flexible repayment, and easy steps to borrow money instantly in Nigeria.
- [How To Keep Customers Coming Back With A Return Policy](https://www.kuda.com/blog/how-to-keep-customers-coming-back-with-a-return-policy/): When your customers know you have a return policy, they’re more likely to buy from you with confidence and become repeat buyers.
- [USSD Codes For Nigerian Banks And How To Use Them](https://www.kuda.com/blog/ussd-codes-for-nigerian-banks-and-how-to-use-them/): Make transactions without using the internet or a smartphone. Use our complete list of Nigeria bank USSD codes for transfers, airtime purchases, and bills payments.
- [New On Kuda Business: POS Statement And Settlement Report](https://www.kuda.com/blog/new-on-kuda-business-pos-statement-and-settlement-report/): Kuda Business POS terminals now have statements and reports to help you keep track of transactions and earnings.
- [How To Get A Kuda Business Account Number Quickly](https://www.kuda.com/blog/how-to-get-a-kuda-business-account-number-quickly/): Get your Kuda Business account number fast! Learn how to sign up, add your CAC and TIN, and unlock full business features in minutes.
- [Your Salary Isn’t Enough. Here’s How to Build Passive Income In Nigeria](https://www.kuda.com/blog/here-is-how-to-build-passive-income-in-nigeria/): Our 2025 guide to making passive income in Nigeria. Explore simple ideas and smart investment opportunities that can help you build wealth.
- [Our Rewards Program Is Here! 🎉](https://www.kuda.com/blog/our-rewards-program-is-here-%f0%9f%8e%89/): Meet Kuda Plus and Kuda Premium, with benefits for you.
- [Smart Spending Habits: 5 Rules Every Nigerian Should Follow](https://www.kuda.com/blog/smart-spending-habits-five-rules-every-nigerian-should-follow/): Learn five practical smart spending habits to manage your finances better in Nigeria. Save more, avoid debt, and make your money work for you.
- [How To Make Customers Give What You Sell](https://www.kuda.com/blog/how-to-make-customers-give-what-you-sell/): Turn your product into the perfect gift with these easy tips to boost customer loyalty, gifting, and word-of-mouth for your business.
- [How Kuda Business Helps Mood Lagos Run An Outstanding Food Business](https://www.kuda.com/blog/how-kuda-business-helps-mood-lagos-run-an-outstanding-food-business/): Learn how Mood Lagos delivers top-tier dining experiences in Lekki, led by Oluwanisola Sauban and powered by Kuda Business for smooth operations.
- [Why You Shouldn’t Overuse Discounts](https://www.kuda.com/blog/why-you-shouldnt-overuse-discounts/): Overusing discounts can weaken your brand perception or attract the wrong customers.
- [The Best Perks For Your Business](https://www.kuda.com/blog/best-perks-for-your-business/): Explore Kuda Business-exclusive discounts for scaling your business affordably.
- [Four Event Ideas To Help Your Business Get Noticed](https://www.kuda.com/blog/four-event-ideas-to-help-your-business-get-noticed/): Let’s show you how to create events where people can experience your brand and become customers.
- [How to Open a Freelancer Business Bank Account in Nigeria: 2025 Guide](https://www.kuda.com/blog/how-to-open-a-freelancer-business-bank-account-in-nigeria/): Open a freelancer bank account in Nigeria the right way. Manage earnings, get paid easily, and access top business tools with this simple guide.
- [Passkeys: Here’s Everything You Need to Know About Passkeys](https://www.kuda.com/blog/passkeys-here-s-everything-you-need-to-know-about-passkeys/): Discover passkeys: the secure, passwordless way to log in. Learn how they work, their benefits, and why they’re the future of online security.
- [Five Countries Nigerians Can Visit Without A Visa](https://www.kuda.com/blog/five-countries-nigerians-can-visit-without-a-visa/): Explore five visa-free African destinations! From Ghana’s rich history to Rwanda’s adventures, discover affordable travel tips & activities. Join Kuda today!
- [How To Recharge Your Prepaid Meter in Nigeria (2025 Updated)](https://www.kuda.com/blog/how-to-recharge-your-prepaid-meter-in-nigeria-2025-updated/): Recharging your prepaid meter is now easier than ever! No more worrying about unexpected power outages. Just follow this guide to top up your meter units easily.
- [Tips For Valentine’s Day Sales?](https://www.kuda.com/blog/tips-for-valentines-day-sales/): Do these things to make more money around Valentine’s Day.
- [Four Ways To Love Your Customers This Month](https://www.kuda.com/blog/four-ways-to-love-your-customers-this-month/): Gifts, gratitude, and public displays of affection aren’t just for romantic relationships — your customers want them too.
- [How To Make Your Business More Visible In 2025](https://www.kuda.com/blog/how-to-make-your-business-more-visible/): Our suggestions will help you get the attention of potential customers.
- [These Should Be Your Business Goals For 2025](https://www.kuda.com/blog/these-should-be-your-business-goals-for-2025/): We have a few suggestions for getting a headstart on business success next year.
- [We Soft-Launched Kuda Premium!](https://www.kuda.com/blog/we-soft-launched-kuda-premium/): 20,000 people can now unlock the benefits of Kuda Premium, our brand-new rewards program.
- [Kuda MFB Wins The 2024 ‘Inclusive Financial Product’ Award](https://www.kuda.com/blog/kuda-mfb-wins-the-2024-inclusive-financial-product-award/): Kuda Microfinance Bank’s contributions to Nigerian finance spotlighted at the Central Bank of Nigeria’s Financial Inclusion Awards.
- [5 Things To Do Before Your Black Friday Sales](https://www.kuda.com/blog/5-things-to-do-before-your-black-friday-sales/): Get ready to make more money.
- [How We Onboard New Engineers at Kuda](https://www.kuda.com/blog/how-we-onboard-new-engineers-at-kuda/): Here is how we build a strong foundation for Onboarding Engineers at Kuda
- [How to Open a Business Bank Account in Nigeria: 2026 Guide](https://www.kuda.com/blog/how-to-open-a-business-bank-account-in-nigeria/): Opening a business bank account in Nigeria is an important step if you want to be taken seriously as a business owner.
- [How To Register Your POS Business With The CAC](https://www.kuda.com/blog/how-to-register-your-pos-business-with-the-cac/): Explore the steps to registering your POS business with the CAC.
- [Small Business Ideas In Nigeria For 2026](https://www.kuda.com/blog/small-business-ideas-in-nigeria/): Explore small businesses that you can easily start in Nigeria.
- [New On Kuda: Get An eSIM For Your Next Trip Abroad](https://www.kuda.com/blog/new-on-kuda-get-an-esim-for-your-next-trip-abroad/): Access the internet when you travel abroad without spending on a foreign data plan.
- [Business Registration Is Back On Kuda Business!](https://www.kuda.com/blog/business-registration-is-back-on-kuda-business/): Register your business with the CAC easily through us.
- [Four Things You Can Do With Expense Accounts Instantly](https://www.kuda.com/blog/four-things-you-can-do-with-expense-accounts-instantly/): Creating expense accounts for specific uses on Kuda Business will give you financial clarity.
- [How Kuda Business POS Improves Your Customers’ Experience](https://www.kuda.com/blog/how-kuda-business-pos-improves-your-customers-experience/): When it is easy for your customers to pay you, they’re more likely to return
- [New On Kuda: More Ways To Send To Kuda](https://www.kuda.com/blog/new-on-kuda-more-ways-to-send-to-kuda/): Our newly updated Send to Kuda feature makes transfers to Kuda accounts easier for you.
- [Four Reasons Why You Should Use softPOS](https://www.kuda.com/blog/four-reasons-why-you-should-use-softpos/): Learn how softPOS can take your business to the next level in 2025. Here are 4 simple reasons to try it for faster payments and easier business growth.
- [Kuda Is Five!](https://www.kuda.com/blog/kuda-is-five/): We made it this far because of people like you.
- [Four Routine Business Tasks You Can Speed Up Now](https://www.kuda.com/blog/four-routine-business-tasks-you-can-speed-up-now/): Speed up routine tasks like invoicing, estimates, and payroll with Kuda Business to free up time for yourself.
- [How To Improve Your Cash Flow With Invoicing](https://www.kuda.com/blog/how-to-improve-your-cash-flow-with-invoicing/): If you’re not invoicing properly, you might be losing money or customers.
- [Kuda Pay ID and SeerBit = Safe Cardless Payments..](https://www.kuda.com/blog/kuda-pay-id-seerbit-safe-cardless-payments/): Pay quickly and safely online through SeerBit with your Kuda Pay ID.
- [Your Lagos ‘Summer’ Holiday Guide](https://www.kuda.com/blog/your-lagos-summer-holiday-guide/): How to enjoy summer in Lagos on a budget.
- [New On Kuda Business: Salary Loans and Virtual POS](https://www.kuda.com/blog/new-on-kuda-business-salary-loans-and-virtual-pos/): Our newest updates are all about helping you accept payments anywhere and offering your staff quick salary loans.
- [How To Enjoy A Summer Holiday On A Budget](https://www.kuda.com/blog/how-to-enjoy-a-summer-holiday-on-a-budget/): Thinking of taking a break this summer? Let’s help you enjoy it without spending too much.
- [We Updated Our Account Tiers.](https://www.kuda.com/blog/we-updated-our-account-tiers/): Learn about Tier 2 at Kuda, address verification, and more.
- [How To Pay Your Apple Music Subscription In Nigeria](https://www.kuda.com/blog/how-to-pay-your-apple-music-subscription-in-nigeria/): When your Nigerian cards don’t work on the App Store, this is your next move to pay for Apple Music.
- [Money Goals For Anyone Making Less Than ₦100K A Month](https://www.kuda.com/blog/money-goals-for-anyone-making-less-than-100k-per-month/): Smart money tips to survive on a ₦100K salary! Save first, use a money app, avoid unnecessary loans & explore small business ideas.

## Pages
- [Kuda Card](https://www.kuda.com/cards/): How do I get a virtual card on Kuda?Open the Kuda app, tap Cards, then Request a Card and choose Get a Virtual Card. Confirm with your transaction PIN, create your card PIN and submit. Your virtual card is ready for online payments straight away.Where can I use my Kuda Card?Use your physical Kuda Card for in-store and online purchases and at ATMs. Unity Bank ATMs don’t support the card. Your virtual card is made for online payments and is accepted on Spotify, Netflix, Showmax and more. Enter your card details at checkout the same way you would with any debit card.Is the Kuda Card a Visa card?Kuda’s virtual card is a Visa card, and the physical card is a Verve card.Does Kuda offer a virtual dollar card?A dollar virtual card is not currently offered. Kuda’s virtual card is a Naira card, funded from your Kuda balance, and you can use it on many international platforms.How much does a Kuda Card cost?There’s a ₦1,000 issuance fee plus 7.5% VAT. There are no card maintenance fees, so you won’t pay anything to keep the card active.How long does delivery take, and can I pick up my card instead?Delivery takes up to 3 weeks after you request your card. You can also pick up your physical card from a Kuda branch.What happens if I lose my card?Open the Kuda app and block or freeze the card straight away to stop anyone from using it. You can order a replacement in the app.
- [Investments New Version](https://www.kuda.com/investments/): Can I buy US stocks from Nigeria?Yes. With Kuda, anyone in Nigeria can buy US stocks on the app. You pay in Naira and you can start with as little as ₦20,000How much do I need to start investing on Kuda?You can start investing with ₦20,000. And with fractional shares, you can buy part of a share instead of paying for a whole one.Which stocks can I buy on Kuda?You can buy shares in major US companies including Apple, Amazon, Tesla, and Microsoft and many others.What are fractional shares? A fractional share is a piece of one share. If a single share costs more than you want to spend, you can buy a fraction of it instead and still own part of the company. Your fraction grows and falls in value the same way a full share does.Do I need a dollar account or dollar card to buy US stocks?Kuda Microfinance Bank is licensed by the Central Bank of Nigeria and deposits are insured by the NDIC. Trading is provided through Bamboo. Remember that stock prices rise and fall, so the value of your investments can go down as well as up.How do I sell my stocks and withdraw my money?You can sell your stocks on the app at the current market price. The money from the sale goes to your trading account, and you can move it back to your Kuda spend account.Is my money safe when I invest on Kuda?Kuda Microfinance Bank is licensed by the Central Bank of Nigeria and deposits are insured by the NDIC. Trading is provided through Bamboo. Remember that stock prices rise and fall, so the value of your investments can go down as well as up.
- [Privacy](https://www.kuda.com/legal/ng-privacy/)
- [Virtual Cards](https://www.kuda.com/virtual-cards/)
- [Legal](https://www.kuda.com/legal/): Theese terms and conditions will serve as a basis of your banking relationship with Kuda Microfinance Bank Limited (“Kuda” or the “Bank” ) and the Kuda Business Application (the “App” or “Application”). By choosing to open an account with us, you agree to the terms and conditions contained herein You also agree to comply with the following policies which also apply to your use of our services and incorporated by reference into these terms and conditions:
- [Loans](https://www.kuda.com/personal-loan/): What’s a Kuda loan?A Kuda loan is a one-off payment made into your Kuda account which you’ll repay, with interest, in fixed monthly payments you agree to when we approve your loan application.Why should I take a loan from Kuda?Our loan application process is quick and easy, interest rates are competitive, and loan repayment is convenient.Some loan apps only offer small amounts. How much can I borrow from Kuda?You can borrow up to ₦150,000 from Kuda.What are the requirements for getting a Kuda loan?You need to pass our loan eligibility checks to get a Kuda loan.How do I apply for a loan?1. Download the Kuda app on your app store, then sign up.2. When you’re signed in to your Kuda app, tap Borrow.3. Read the loan application guide and follow the steps.Note that if we approve your loan application, you’ll need to accept a loan offer letter which includes the terms and conditions of the loan.Is there a guarantee that I’ll get a loan if I apply for one?We’ll offer you a loan if you pass our automated loan eligibility checks. The loan amount will depend on the results of those checks.How long does it take to get a loan if my loan application is approved?We’ll pay the loan into your Kuda account in minutes.Do I need a referee to get a loan?No, you don’t but you can add a referee to increase the chances of getting the amount you’d like to borrow.Do I need collateral to get a loan?No, you don’t need collateral to get a loan from us.How much time do I have to repay a loan?Depending on the repayment period stated in the offer letter, you can repay a loan between one to three months.How do I repay my loan?When you accept our loan offer, we’ll ask you to add a debit card to your account and we’ll charge the card whenever your loan is due for repayment.
- [Overdrafts](https://www.kuda.com/overdrafts/): How do I qualify for a Kuda overdraft?For a chance to qualify for a Kuda overdraft, use your Kuda account actively as your main bank account.How much overdraft can I take?If you qualify for an overdraft, we’ll show you the maximum amount you can take on your Kuda app.Can I change my overdraft limit?Yes, you can decrease or increase how much overdraft you can take up to the maximum amount available on your Kuda app.What’s the difference between an overdraft and a loan?An overdraft is different from a loan in that it isn't a fixed amount of money - you can spend above your account balance up to a limit. And unlike interest on a loan which is charged monthly, interest on an overdraft is charged daily.
- [Join Kuda](https://www.kuda.com/joinkuda/)
- [TV](https://www.kuda.com/tv-payments/): What TV subscriptions can I pay on the Kuda app?You can pay DStv subscriptions, Showmax subscriptions, GOtv subscriptions and StarTimes subscriptions on the Kuda app.How do I get my token when I pay a Showmax subscription on the Kuda app?Tap the Showmax payment in your transaction history on the Kuda app to get your token. You can also check your email.How do I pay a TV subscription on the Kuda app?To pay a DStv, Showmax, GOtv or StarTimes subscription on the Kuda app, follow the steps below:Sign in to your Kuda app, then tap Pay.Tap Pay A Bill.Tap TV.Tap the service provider dropdown menu.Choose a service provider.Tap the subscription package dropdown menu.Choose a subscription package.If you're paying a DStv, GOtv or Startimes subscription, type in your smart card number.Confirm your subscription with your transaction PIN, fingerprint or Face ID.Tap Okay to return to your Kuda dashboard.Note:If you pay a Showmax subscription, tap the payment in your transaction history on the Kuda app to get your token or check your email.If you pay a DStv, GOtv or StarTimes subscription, your subscription should be active in minutes.
- [Transport](https://www.kuda.com/transport-cowry-payments/): What is Cowry and how does it work?Cowry is a digital wallet for making transport payments in Lagos.After downloading the Cowry app on your app store, signing up and adding money to the wallet, you can pay for trips on public buses, trains and ferries across Lagos by tapping your phone or the optional Cowry card on payment terminals.How can I use Cowry?You just need to download the Cowry app on your app store and sign up, then you can add money to your Cowry wallet on the Kuda app.How do I top up my Cowry wallet on the Kuda app?To top up your Cowry wallet on the Kuda app, follow the steps below:1. Sign in to your Kuda app, then tap Pay.2. Tap Pay A Bill.3. Tap Transport & Toll.4. Tap the service provider dropdown menu.5. Tap LASG Cowry Card.6. Tap the top-up package dropdown menu.7. Choose a top-up package.8. Type in the phone number linked to your Cowry wallet, then tap Next.9. Complete the top-up with your transaction PIN, fingerprint or Face ID.10. Tap Okay to return to your Kuda dashboard.What transport fare can I pay with Cowry?• BRT bus fares• Danfo bus fares• LAGFERRY fares• Blue Line and Red Line train fare.Can I check my Cowry transaction history on the Kuda app?No, you can’t. You’ll need to sign in to your Cowry app to check your Cowry transaction history.Can I make Cowry payments with the Kuda app?No, you can’t. You need the Cowry app or the optional Cowry card to make Cowry payments.
- [Internet](https://www.kuda.com/internet-payments/): What’s an internet data plan?An internet data plan is the amount of internet data that you can use on a phone, modem or router for a specific period of time. When you buy a data plan and the plan is activated by the internet service provider, you’ll be able to connect to the internet until the plan expires or your internet data runs out.How do I buy internet data on the Kuda app?To buy internet data, follow the steps below:Open your Kuda app, then tap Pay.Tap Pay A Bill.Tap Internet.Tap your mobile network or internet service provider.Choose your internet subscription package (data plan).Type in your phone number or customer ID, then tap Next.Confirm your transaction with your transaction PIN, fingerprint or Face ID.Tap Okay to return to your Kuda dashboard.How much internet data do I need?The amount of internet data you need depends on what you do when you’re online. Here are some typical online activities and the amount of data they consume on average:Browsing the internet for 1 hour - 60 MB of dataStreaming music for 1 hour - 72 MB of dataStreaming a video in standard definition (SD) for 1 hour - 2 GB of dataStreaming a video in high definition (HD) for 1 hour - 6 GB of dataTo help you choose an internet data plan, do a quick calculation of how much data you’re likely to use in a day.What consumes internet data?The activities that consume the most internet data are music and video streaming, online gaming, and large file downloads such as films and OS updates.Automatic updates can also consume a lot of data if you have a lot of apps and you update them on mobile data. To conserve your mobile data, turn off automatic app updates or limit automatic updates to Wifi connections.
- [Gift Cards](https://www.kuda.com/gift-cards/): How do I redeem a gift card?To redeem a gift card, follow the instructions in the gift card email. You’ll usually have to copy the gift card code in the email or click a link in the email to get the code. Once you’ve copied the code, redeem it by pasting it on the app or website where you want to use it.What gift cards can I buy on the Kuda app?6th StreetAdam 'N' EveAdidasAir CanadaAmazonAmerican Eagle OutfittersAppleApplebeesArdeneASOSBanana RepublicBelkBest BuyBier MarktBlizzard BalanceBNatural MedSpaBuffalo Wild WingsBurger KingCake BeautyCaribou CoffeeCarrefourCasper & Gambini'sCB2ChipotleConquer OnlineCrate & BarrelCurrysDavid WejDeliverooDomino'sDoorDashDSWDunkin' DonutseBayEmaxFilmhouse CinemasFoot LockerForever 21FortniteFreeFireGaleries LafayetteGAMEGamestopGapGoogle PlayGrocery BazaarGrubHubH&MHairitage HubHealthPlusHingeesHome DepotHotelgiftHotels.comHubmart StoresHulu PlusIKEAIMVUiTunesJagex RuneScapeKeje GrillKL's NaturalsKohl'sMacy’sMastercardMediaMarktMinecraftMobile LegendsNetflixNew LookNikeNintendoNoonNordstromOneandKoOrikiPizza Hut RestaurantsPlayStationPlayStation PlusPrimarkPUBGPUBG New StateRaffles Hotels & ResortsRazer GoldRed LobsterRuff 'n' TumbleRuneScapeSafewaySainsbury’sSamsungSephoraSPARSpotifyStarbucksSteamSuregifts GenericSwarovskiTargetThe5kShopTwice As NiceUberUber EatsUbuyVisaWalmartXboxXbox LiveXbox Live GoldZalandoZapposWhen do gift cards expire?Most gift cards are valid for up to five years, but it’s best to use your gift card within a year of buying it because the value might reduce after that. Please, look out for expiration details in your gift card email.
- [Cardless Payments](https://www.kuda.com/cardless-payments/): What cashless payment options are on the Kuda app?Free transfers, Pay With Bank, Pay With USSD and cards are the cashless payment options on the Kuda app.How many free transfers can I get on the Kuda app?When you sign up on Kuda with your BVN (Bank Verification Number), you’ll get 25 free transfers to all Nigerian banks every month.Where does Pay With Bank work?Pay With Bank works on websites and apps that accept payments through Paystack. Learn more about Pay With Bank here.Where does Pay With USSD work?Pay With USSD works on POS terminals and on websites that accept payments through Paystack, Flutterwave or Remita.What kind of card can I get on the Kuda app?You can request a physical Kuda Visa naira card and a virtual Kuda Visa naira card. Learn more about Kuda cards here.
- [Betting](https://www.kuda.com/betting-payments/): Which betting wallets can I top up on the Kuda app?You can top up SportyBet, Betway, MerryBet, BetKing, Bet9ja, 1xBet and NairaBet wallets directly from your account on the Kuda app.How do I top up a betting wallet on the Kuda appTo top up a betting wallet, follow the steps below:1. Sign in to your Kuda app.2. Tap Pay.3. Tap Betting.4. Tap the Service Provider dropdown menu.5. Choose your service provider (betting wallet).6. Type in your betting wallet ID.7. Type in the amount you'd like to add to your wallet.8. Confirm the transaction with your transaction ID, fingerprint or Face ID.9. Tap Done to return to your Kuda dashboard.
- [Airtime](https://www.kuda.com/airtime/): You can also buy internet data from Smile and Spectranet on the app.
- [Savings](https://www.kuda.com/savings/)
- [Borrowing](https://www.kuda.com/borrowing/)
- [Kuda Premium](https://www.kuda.com/kuda-premium/): What is Kuda Premium?Kuda Premium is the highest level of our rewards program. It’s open to anyone who has a Tier 3 Kuda account (an account with a BVN, an NIN, and a verified address).What are the benefits of Kuda Premium?The benefits of Kuda Premium are cashback, referral rewards, discounts for shopping and entertainment, priority customer support, and access to special features like app themes, budgeting, and spending reports.How do I unlock Kuda Premium?You unlock Kuda Premium by earning 50 Kuda Coins per month.How do I earn Kuda Coins?You’ll earn one Kuda Coin when you make a transaction worth ₦1,000 or more. This could be a transfer, a bill payment, or an airtime purchase. We’ll send you the coin 24 hours after the transaction. You’ll earn 25 Kuda Coins if you maintain an average account balance of ₦50,000 for a month.What rewards will I get on Kuda Premium?On Kuda Premium, you’ll get rewards including cashback, referral rewards, discounts for shopping and entertainment, priority customer support, and access to special features like app themes, budgeting, and spending reports.How do I stay on Kuda Premium?To stay on Kuda Premium, earn at least 50 Kuda Coins per month.Do Kuda Coins expire?If you don’t earn up to 50 Kuda Coins in a month, any coins you earn during that month will expire at the end of the month.Can I exchange my Kuda Coins for money?No, you can’t exchange your Kuda Coins for money. After earning 50 coins in a month, all other coins you earn that month will automatically be converted to cashback.
- [Loan Calculator](https://www.kuda.com/personal-loan/loan-calculator/): How do I use the loan calculator?Just set the amount you’d like to borrow and how long you’d like to borrow for. The calculator will show you the interest rate, the actual amount of interest you’ll pay, and your monthly repayment for the duration of the loan.Why should I use a loan calculator?A loan calculator makes it easy for you to see how much you’ll repay if you take a loan. This will help you to compare loans at different interest rates, decide if you should take a loan or not, and plan your finances so you can repay a loan conveniently.
- [Careers page](https://www.kuda.com/careers/): What's the best way to apply for a position at Kuda?Just head over to our careers page where we post all of our open positions.Can I apply by email?Although we love to speak and connect with each one of our candidates directly, emails go into the spam folder so the best way to apply to any of our positions is via our careers page.Do you offer entry-level positions?Yes, we have many positions ranging from entry level to up to senior level. We post all of these positions on our careers page once they’re available.Where are Kuda's offices located?Our offices are based in Lagos, London and Canada.Are you able to sponsor visas?Unfortunately this is not something that we can offer at this stage.I'm a recruiter, can we work together?We’re not looking for external support across recruitment. All of our hiring is done inhouse by our Talent Acquisition team.Does Kuda foster Diversity, Equity & Inclusion?Yes, Kuda has a DEI Committee comprised of members from diverse nationalities. This committee's responsibilities include educating the Tribe on DEI matters and addressing all related queries. Encouraging a work environment that is inclusive and embraces diversity is crucial.
- [About us](https://www.kuda.com/about/)
- [Blog](https://www.kuda.com/blog/)
- [Press](https://www.kuda.com/press/)
- [Disclaimers](https://www.kuda.com/disclaimers/): DISCLAIMER
- [Policies](https://www.kuda.com/policies/): kuda.com uses cookies, which are small pieces of data saved on your phone or computer, to improve your browsing experience.
- [Security](https://www.kuda.com/security/): We ask everyone who opens a Kuda account to give us their BVN (Bank Verification Number) and a valid ID issued by the government (driver’s license, voter’s card, national ID card or NIN slip). This helps us prevent identity fraud by confirming that everyone who uses Kuda, including you, is who they say they are.
- [Welcome To Kuda Self-Help](https://www.kuda.com/self-help/): What would you like to do?
- [Contact us](https://www.kuda.com/contact/): Use our Self Help service, contact us by email or by phone, or visit us in one of our branches:
- [Frequently Asked Questions](https://www.kuda.com/faq/): We also won't charge you unnecessary fees for banking with us and if you'd rather talk to someone in person, you can visit our branch at 1-11 Commercial Avenue, Yaba, Lagos, Nigeria.
- [Scam And Fraud Awareness](https://www.kuda.com/scam-awareness/): All emails from us will always come from addresses that end in ‘kuda.com’ e.g. kuda.com, news.kuda.com and alerts.kuda.com. We may send the following messages to the email address linked to your Kuda profile:
- [Terms & Conditions](https://www.kuda.com/terms/): Theese terms and conditions will serve as a basis of your banking relationship with Kuda Microfinance Bank Limited (“Kuda” or the “Bank” ) and the Kuda Business Application (the “App” or “Application”). By choosing to open an account with us, you agree to the terms and conditions contained herein You also agree to comply with the following policies which also apply to your use of our services and incorporated by reference into these terms and conditions:
- [Help center](https://www.kuda.com/help-center/)
- [Electricity](https://www.kuda.com/electricity-payments/): How do I recharge a prepaid meter on the Kuda app?To buy meter units on your Kuda app, follow these steps:- Sign in to your Kuda app, then tap Pay.- Tap Pay A Bill.- Tap Electricity.- Choose your electricity service provider (distribution company).- Choose the prepaid package.- Type in your prepaid meter number and the amount of meter units you want to buy.- Complete your payment with your transaction PIN, fingerprint or Face ID.- We’ll send your meter token to the email address linked to your Kuda account.How do I make a postpaid meter payment on the Kuda app?To buy meter units on your Kuda app, follow these steps:- Sign in to your Kuda app, then tap Pay.- Tap Pay A Bill.- Tap Electricity.- Choose your electricity service provider (distribution company).- Choose the prepaid package.- Type in your prepaid meter number and the amount of meter units you want to buy.- Complete your payment with your transaction PIN, fingerprint or Face ID.- We’ll send your meter token to the email address linked to your Kuda account.Which electricity distribution companies can I buy meter tokens from on the Kuda app?AEDC - Abuja Electricity Distribution CompanyBEDC - Benin Electricity Distribution CompanyEEDC - Enugu Electricity Distribution CompanyEKEDC - Eko Electricity Distribution CompanyIBEDC - Ibadan Electricity Distribution CompanyIKEDC - Ikeja Electricity Distribution CompanyJEDC - Jos Electricity Distribution CompanyKAEDCO - Kaduna Electricity Distribution CompanyKEDCO - Kano Electricity Distribution CompanyPHED - Port Harcourt Electricity Distribution CompanyHow do I load my meter token?To load your meter token, follow these steps:- Check your email for your meter token.- On your meter, type in the code on your token, then press the Enter button.- Your meter should be recharged immediately.Why am I getting a ‘Reject’ error when I try to load a meter token?You might be getting a ‘Reject’ error on your meter for any of these reasons:1. Your meter number is wrong.You might have typed in the wrong meter number when you were buying meter units on your Kuda app. To confirm that you typed in the right meter number, check the transaction receipt on your Kuda dashboard or check your transaction notification email.2. Your meter hasn’t been activated.Every new meter has to be activated before it can accept tokens. To activate your meter, ask your electricity distribution company for an activation code and type in the code on your meter. After this, your meter will accept tokens.3. Your meter smart card isn’t working.If you use a smart card meter, the chip on the card might be dirty. To clean the chip, remove the smart card from your meter, wipe it thoroughly with a dry piece of cloth, then put the smart card back into your meter and try to load the token.4. Your meter isn’t properly connected.Your meter could be on but not properly connected. To fix this, reach out to your electricity distribution company.5. Your meter is in tamper mode.If your meter is in tamper mode, reach out to your electricity distribution company to get a tamper token, load the token, then try to recharge your meter.6. Your electricity tariff plan has changed.If the tariff plan in your location has changed, you won’t be able to recharge your meter until it has been reconfigured for the new tariff plan.To reconfigure your meter, reach out to your electricity distribution company to get a Key Change Token (KTC) which you’ll load on your meter. After this, you’ll be able to recharge your meter.I’m getting a ‘Link’ error on my meter. What does this mean?A ‘Link’ error means your meter isn’t connecting to your interface unit (the unit with the keypad). This might be happening for any of these reasons:1. Your meter doesn’t have power supply.To fix this, check if there’s electricity in your location. If there’s electricity, check that the phase you’re in has power supply. Make sure your generator or inverter is off, if you own one. Once your meter has power supply, you can load your token.2. The batteries in your interface unit (keypad) are too weak.To fix this, replace the weak batteries with new ones, then turn on the unit if it doesn’t come back on automatically.3. You need to reset your interface unit (keypad).To reset the interface unit (keypad), follow these steps:1. If your meter still has units, plug the interface unit (keypad) into a 13-amp socket - usually the socket for an AC, freezer or electric cooker - then turn on the unit.2. Replace the first four digits of your meter number with ‘5258’, then type the new number into your interface unit (keypad) and press the ‘Enter’ button. For example, if your meter number is 123456789, you’ll replace ‘1234’ with ‘5258’, so the new number you’ll type in will be 525856789. 3. Load your meter token like you normally would. 
- [Transfers](https://www.kuda.com/transfers/)
- [Explore what Kuda offers](https://www.kuda.com/explore-the-kuda-offering/): We also won't charge you unnecessary fees for banking with us and if you'd rather talk to someone in person, you can visit our branch at 1-11 Commercial Avenue, Yaba, Lagos, Nigeria.
- [Business](https://www.kuda.com/business/)
- [Home page](https://www.kuda.com/)

## Business Pages
- [Expense Accounts](https://www.kuda.com/business/expense-accounts/): What’s an expense account?A Kuda Business expense account is an account within your main account that you can use to put money away for specific things like recurring expenses, rent or tax remittance. It has its own unique (account) number for direct transfers.How do I create an expense account?To create an expense account, follow the steps below:1. Sign in to Kuda Business here, then click Expense Accounts.2. Tap Create An Account.3. Name your expense account, then tap Done.How many expense accounts can I create?You can create up to five expense accounts.Can I send and receive money with an expense account?Yes, you can send and receive money with an expense account because it has its own account number.
- [Virtual POS](https://www.kuda.com/business/virtual-pos/): What’s a Virtual POS?A Virtual POS is a unique account number that you can assign to your online store or business locations to accept payments.When a customer sends money to that account number, your salesperson will get a notification so that they can confirm the transfer immediately.A virtual POS saves you and your customers time by making transfers quick, speeding up payment confirmation, and settling payments into your account instantly.What’s the meaning of POS?POS means point-of-sale.How do I create a Kuda Business Virtual POS?To create a Kuda Business Virtual POS, follow the steps below:1. Sign in to Kuda Business (or sign up) here.2. If you haven’t, upgrade your Kuda Business account with your CAC documents.3. Click POS, then click Get POS.4. Click Virtual POS, then click Continue.5. Fill in the required details, then click Continue.6. Download a poster that shows your Virtual POS payment details.How much does Virtual POS cost?Kuda Business Virtual POS terminals are free to create.Is Virtual POS secure for transactions?Yes, it’s secure. Virtual POS uses the highest security standards to make transactions secure.What features does Virtual POS have?Virtual POS features include:1. A transaction dashboard on your Kuda Business app to see payments as they are made.2. Instant transaction notifications.3. Instant settlement.4. The option to create multiple Virtual POS terminals with unique account numbers.What kinds of businesses can use Virtual POS?Merchants, POS businesses (agent banking), freelancers and businesses including shops, hotels, supermarkets, bars and restaurants can use Virtual POS.
- [Team Banking](https://www.kuda.com/business/team-banking/): What is Team Banking?Team Banking lets you add people to your Kuda Business account and assign them a role - Admin, Accountant, or Employee - so they can help run parts of your business with only the access you choose. As the account owner, you're automatically the Super Admin, with full control over the account.What roles can I assign?Admin, Accountant, and Employee - each with a different level of access to your account and tools. The account owner is automatically the Super Admin.Can I change a team member's permissions later?Yes. An Admin or Super Admin can update a team member's role or permissions at any time.
- [Send Money](https://www.kuda.com/business/send-money/): What’s the difference between a single transfer and a bulk transfer?Single Transfer is when you send money to one person. While Multiple transfer is when you pay up to 20 or more people at once.How do I make a bulk transfer on Kuda Business?To make a bulk transfer to a maximum of 20 beneficiaries on Kuda Business, follow the stepsbelow:1. Sign in to the Kuda Business web or mobile app, then tap Payments.2. Tap Create A List if you're sending money to a maximum of 20 beneficiaries.3. Tap Who?, then tap Send To New Account and add the details of the beneficiary. Repeat for upto 20 beneficiaries.4. Follow the prompts on your screen to complete your bulk transfer.To make a bulk transfer to more than 20 beneficiaries on Kuda Business, follow the steps below:1. Sign in to the Kuda Business web app, then tap Payments.2. Tap Upload A CSV Or Excel File.3. Tap Download Template, then tap Download Bank Codes and add the details of all beneficiariesto the template.4. Upload the filled template as a CSV file or an Excel file, then tap Next and follow the prompts onyour screen to complete your bulk transfer.How much do transfers cost on Kuda Business?Sending money to another Kuda account is free. For other banks, we charge ₦10.How much can I send from my account?Your transfer limit depends on whether you have a Freelancer or Full Business account.How will I know if my transfer was successful?You'll receive a notification of your transfer status.Can I make international transfers?Not at the moment. You can only transfer to other Nigerian banks.
- [POS](https://www.kuda.com/business/pos/): What’s a POS?A POS (or point-of-sale terminal/device/machine) is used by merchants to process payments made by their customers.A POS can be physical or virtual, and it can accept contact and contactless payments.What’s the meaning of POS?POS means point-of-sale.How do I get a Kuda POS?Request a POS here and we’ll get back to you as quickly as possible.How much does a Kuda POS machine cost?There are two payment options for a Kuda POS machine:1. You can buy the POS machine outright.Details: For a one time payment of ₦80,000 (minus delivery costs), we’ll send you a Kuda POS machine. This cost doesn’t include a delivery fee, which varies depending on your delivery address. You can also choose to pick up the POS machine at 1-11 Commercial Avenue, Sabo, Yaba, Lagos.Once you buy the POS machine, it becomes your property. The only subsequent cost is a merchant service commission of 0.5% per POS transaction. This commission is capped at ₦1,000 — you’ll never pay more than that.2. You can lease a POS machine.Details: If your business is able to make at least 15 card transactions daily, you can lease a POS machine from us for a one-time fee of ₦15,000. This cost doesn’t include a delivery fee, which varies depending on your delivery address. You can also choose to pick up the terminal. If your business makes up to ₦10 million in sales revenue within three (3) months of leasing a POS machine, we’ll refund the ₦15,000 leasing fee and the machine will become your property permanently.Please, note that when you lease a POS machine from us, you’ll pay a merchant service commission of 0.5% on each card transaction made on the terminal. This merchant service commission is capped at ₦1,000 — you’ll never pay more than that.We reserve the right to take back a leased POS machine if the machine isn’t active or your business doesn’t meet the target of 15 daily card transactions.Is the Kuda POS machine secure for transactions?Yes, it’s secure. The Kuda POS machine uses the highest security standards to make contact and contactless transactions secure.What features does the Kuda POS machine have?The features of the Kuda POS machine include:1. Quick contact and contactless payments - card, transfers and USSD.2. A transaction dashboard on your Kuda Business app to monitor POS payments as they are made.3. Instant transaction alerts.4. Quick settlements for merchants and POS businesses.What kinds of businesses can use the Kuda POS machine?Merchants, POS businesses (agent banking), freelancers and all other kinds of businesses can use the Kuda POS machine.
- [Perks](https://www.kuda.com/business/perks/): What is Perks?Perks is a collection of exclusive discounts and offers from Kuda's partner businesses, covering payments, business management tools, marketing, logistics and more - all curated to help your business save money.How do I access Perks?Open your Kuda Business app, go to Hub, then select Perks to explore the available offers.How do I claim a perk?Tap Get Offer on the perk you want and follow the prompts. Some perks activate instantly, while others ask for a discount code at checkout or ask you to contact the partner directly to claim it.Who can access Perks?Perks is available to full Kuda Business accounts. Freelancer accounts need to upgrade to a full Kuda Business account to unlock Perks.Do the perks on offer change?Yes. Kuda regularly adds new partners and offers to Perks, so what's available can change over time.
- [Payroll](https://www.kuda.com/business/payroll/): What is payroll?Payroll is the process of paying your employees. It’s also a list of your employees, their salaries, taxes and other deductions as well as your business’ contributions and taxes.Who can use Payroll on Kuda Business?Anyone with a full Kuda Business account can use Payroll on Kuda Business. To upgrade your Kuda Business account, just add your CAC registration documents.Why should I use Payroll on Kuda Business?Use Payroll on Kuda Business to:1. Make salary payments from your Kuda Business account easily.2. Speed up your payroll planning.3. Save yourself time that you can use to do other things.4. Keep your salary payments free of errors.5. Organise your finances better.You’ll also save money that you might have spent on a separate payroll app.How do I use Payroll on Kuda Business?To use Payroll on Kuda Business, follow the steps below:1. Sign in to Kuda Business here.2. Click Payroll on the left side of your screen.3. Click Set Up Payroll, then follow the prompts on your screen.Is Payroll on Kuda Business secure?Yes, Payroll on Kuda Business is integrated with your Kuda Business account which makes it secure.
- [NQR](https://www.kuda.com/business/nqr/): What is NQR?NQR (NIBSS QR) is a secure, fast way to collect payments using QR codes. It's powered by NIBSS and works with any Nigerian bank's app, so your customers don't need a Kuda account to pay you.Who can use NQR?NQR is available to full Kuda Business accounts and is created from your Virtual POS.How do I get my NQR code?Create a Virtual POS from the POS section of your Kuda Business App, then generate your NQR code from the Virtual POS dashboard. You'll get a notification once it's ready.Is NQR secure?Yes. NQR is built on trusted NIBSS payment rails.
- [Multiple Transfers](https://www.kuda.com/business/multiple-transfers/): What is a Multiple Transfer?A Multiple Transfer lets you pay up to 20 recipients in one transaction, instead of sending money to each person one at a time.How do I make a Multiple Transfer?Go to Send, then select Send Bulk. Add your recipients, choose whether to split one amount equally or set individual amounts, review the breakdown, and confirm with your transaction PIN or Face ID.Is there a minimum amount I can send?Yes. You can't send less than ₦20 to a recipient at another bank.Are there fees for Multiple Transfers?Transfers to other Kuda accounts are free. Sending to other banks costs ₦10 per transfer.Can freelancers use Multiple Transfers?Yes, freelancers have full access to Multiple Transfers and can both initiate and approve payments.
- [Merchant Suite](https://www.kuda.com/business/merchant-suite/): What is Merchant Suite?Merchant Suite lets you manage your product catalog, categories, orders and cashier access from your Kuda Business account - all kept in sync with your POS in real time.How do I add a product?Go to the Merchant, select Products, tap Add, and enter a name and price. You can also add a category and description. New and updated products sync to your POS automatically.Can I organize my products into categories?Yes. Create categories and assign products to them for easier tracking - categories also appear in the Shop tab on your POS, making checkout faster for your staff.How do I track my orders?Open Orders in Merchant Suite to see everything grouped by status - Open, Settled, Saved and Voided. Orders sync automatically between your POS and Merchant Suite.Can I cancel an order?Only Super Admin and Admin users can void an open order. Once voided, an order moves to the Voided tab and can't be charged or edited further.How do I add a cashier?Go to Cashiers in Merchant Suite and add their name. An access code is generated automatically, which they use to sign in to Sales Mode.What is Sales Mode?Sales Mode lets a cashier sign in with their access code on the Kuda Business app to take sales directly. Orders they create sync back to Merchant Suite in real time.
- [Kuda business offering](https://www.kuda.com/business/kuda-business-offering/): How do I recharge a prepaid meter on Kuda Business?Tap Payments, then Pay A Bill. Tap Electricity, choose your provider, then choose the prepaid package. Enter your meter number and the amount you want to buy, then confirm with your transaction PIN, fingerprint, or Face ID.How do I make a postpaid meter payment on the Kuda Business app?Tap Payments, then Pay A Bill. Tap Electricity, choose your provider, then choose the postpaid package. Enter your meter number and the amount you want to pay, then confirm with your transaction PIN, fingerprint, or Face ID.Which electricity distribution companies can I buy meter tokens from on the Kuda app?• AEDC (Abuja Electricity Distribution Company)• BEDC (Benin Electricity Distribution Company)• PHED (Port Harcourt Electricity Distribution Company)• KEDCO (Kano Electricity Distribution Company)• KAEDCO (Kaduna Electricity Distribution Company)• JEDC (Jos Electricity Distribution Company)• IKEDC (Ikeja Electricity Distribution Company)• IBEDC (Ibadan Electricity Distribution Company)• EEDC (Enugu Electricity Distribution Company)• EKEDC (Eko Electricity Distribution Company)How do I load my meter token?Check the email address linked to your Kuda Business account for your token. Enter the code on your meter's keypad and press Enter - your meter should recharge right away.Why am I getting a ‘Reject’ error when I try to load a meter token?You might be getting a "Reject" error on your meter for any of these reasons:• Your meter number is wrong — check it against your transaction receipt• Your meter hasn’t been activated yet• Your meter’s smart card is faulty — wipe the chip with a dry cloth• Your meter isn’t properly connected — contact your distribution company• Your meter is in tamper mode — request a tamper token from your provider• Your tariff plan has changed and your meter needs a Key Change Token (KCT)I’m getting a ‘Link’ error on my meter. What does this mean?A "Link" error means your meter isn’t connecting to your interface unit (the unit with the keypad). This might be happening because:• There’s no power supply• The interface unit’s batteries are weak• The interface unit needs to be reset
- [Invoicing for Business](https://www.kuda.com/business/invoicing/): Why do you need invoicing?An invoice is a document for requesting payment for goods or services you’ve provided to a customer. it itemises the goods or services you’ve provided and how much you charged for them, and records the transaction with your customer.You need invoicing for the following reasons:1. To request prompt payments from your customers.2. To keep legal records of your sales3. To track payments you receive for proper accounting4. To track your inventory if you sell physical products5. To help you report your income and pay the right amount of taxes.6. To give you information that can help you predict sales and create marketing strategies.What’s the difference between an invoice and a receipt?An invoice and a receipt include similar information, but an invoice is used to request payment from a customer while a receipt is proof of a payment that a customer has made to you.Who can send an invoice?Anyone, including freelancers, can send an invoice. What is important is that the invoice is accurate and includes all necessary information - the invoice number, the date the invoice is issued, contact details of the business or person issuing the business, the description of the goods or services provided and the terms of payment.Is an invoice a recieveable?Yes, an invoice is a receivable because it documents money that you’re owed by a customer. Once an invoice is paid, it is no longer a receivable.Is an invoice debited or credited?Since an invoice documents money that is paid to you by a customer, it is credited to your account and debited to the customer’s account.What are the benefits of electronic invoicing?Electronic invoicing, or using invoicing software instead of manual invoicing methods, offers the following advantages:1. It makes it easy for you to automate your invoicing process and integrate it easily into your business accounting system.2. It saves you the cost of printing paper invoices, sending them by courier, and storing them.3. It saves you the time you would have spent on manual invoicing, freeing up space on your schedule to do more meaningful work.4. Because it is automated, electronic invoicing reduces the likelihood of human error and increases accounting efficiency.5. It reduces the time it takes for you to issue invoices and receive payments6. It makes it possible for you to store your invoices securely online and guarantee their authenticity with electronic signatures.
- [Electricity](https://www.kuda.com/business/electricity-meter-units/): How do I recharge a prepaid meter on Kuda Business?To buy meter units on your Kuda Business app, follow these steps:1. Sign in to your Kuda Business web or mobile app, then tap Payments.2. Tap Pay A Bill.3. Tap Electricity.4. Choose your electricity service provider (distribution company).5. Choose the prepaid package.6. Type in your prepaid meter number and the amount of meter units you want to buy.7. Complete your payment with your transaction PIN, fingerprint or Face ID.We'll send your meter token to the email address linked to your Kuda Business account.How do I make a postpaid meter payment on the Kuda Business app?To buy meter units on your Kuda Business app, follow these steps:1. Sign in to your Kuda Business app, then tap Payments.2. Tap Pay A Bill.3. Tap Electricity.4. Choose your electricity service provider (distribution company).5. Choose the postpaid package.6. Type in your meter number and the amount of meter units you want to buy.7. Complete your payment with your transaction PIN, fingerprint or Face ID.We'll send your meter token to the email address linked to your Kuda Business account.Which electricity distribution companies can I buy meter tokens from on the Kuda Business app?You can buy meter tokens from any of these companies on the Kuda app:AEDC - Abuja Electricity Distribution CompanyBEDC - Benin Electricity Distribution CompanyEEDC - Enugu Electricity Distribution CompanyEKEDC - Eko Electricity Distribution CompanyIBEDC - Ibadan Electricity Distribution CompanyIKEDC - Ikeja Electricity Distribution CompanyJEDC - Jos Electricity Distribution CompanyKAEDCO - Kaduna Electricity Distribution CompanyKEDCO - Kano Electricity Distribution CompanyPHED - Port Harcourt Electricity Distribution CompanyHow do I load my meter token?To load your meter token, follow these steps:1. Check your email for your meter token.2. On your meter, type in the code on your token, then press the Enter button.Your meter should be recharged immediately.Why am I getting a ‘Reject’ error when I try to load a meter token?You might be getting a 'Reject' error on your meter for any of these reasons:1. Your meter number is wrong.You might have typed in the wrong meter number when you were buying meter units on your Kuda app.To confirm that you typed in the right meter number, check the transaction receipt on your Kuda dashboard or check your transaction notification email.2. Your meter hasn't been activated.Every new meter has to be activated before it can accept tokens.To activate your meter, ask your electricity distribution company for an activation code and type in the code on your meter. After this, your meter will accept tokens.3. Your meter smart card isn't working.If you use a smart card meter, the chip on the card might be dirty. To clean the chip, remove the smart card from your meter, wipe it thoroughly with a dry piece of cloth, then put the smart card back into your meter and try to load the token.4. Your meter isn't properly connected.Your meter could be on but not properly connected. To fix this, reach out to your electricity distribution company.5. Your meter is in tamper mode.If your meter is in tamper mode, reach out to your electricity distribution company to get a tamper token, load the token, then try to recharge your meter.6. Your electricity tariff plan has changed.If the tariff plan in your location has changed, you won't be able to recharge your meter until it has been reconfigured for the new tariff plan.To reconfigure your meter, reach out to your electricity distribution company to get a Key Change Token (KTC) which you'll load on your meter. After this, you'll be able to recharge your meter.I’m getting a ‘Link’ error on my meter. What does this mean?A 'Link error means your meter isn't connecting to your interface unit (the unit with the keypad). This might be happening for any of these reasons:1. Your meter doesn't have power supply.To fix this, check if there's electricity in your location. If there's electricity, check that the phase you're in has power supply. Make sure your generator or inverter is off, if you own one. Once your meter has power supply, you can load your token.2. The batteries in your interface unit (keypad) are too weak.To fix this, replace the weak batteries with new ones, then turn on the unit if it doesn't come back on automatically.3. You need to reset your interface unit (keypad).To reset the interface unit (keypad), follow these steps:1. If your meter still has units, plug the interface unit (keypad) into a 13-amp socket - usually the socket for an AC, freezer or electric cooker - then turn on the unit.2. Replace the first four digits of your meter number with '5258', then type the new number into your interface unit (keypad) and press the 'Enter' button.For example, if your meter number is 123456789, you'll replace '1234' with '5258', so the new number you'll type in will be 5258567893. Load your meter token like you normally would.
- [Cashback](https://www.kuda.com/business/cashback-airtime-bills/): What is a cashback?A cashback is an incentive that allows you to earn back a percentage of the money you spend on a purchase. With a full Kuda Business account, you earn back 1.5% of your spend on any airtime or bill payment.When do I get a cashback?You get a cashback as soon as your airtime or bill payment is completed. We’ll credit your Kuda Business account with the cashback instantly.How do I qualify for a Kuda Business cashback?You just need to open a Kuda Business account, then buy airtime or pay a bill to get a 1.5% cashback instantly in your Kuda Business account.Is there a limit to how much cashback I can earn?No, there’s no limit to how much cashback you can earn. We’ll pay you a 1.5 cashback on every airtime or bill payment that you make. Terms and conditions apply.
- [Business Registration](https://www.kuda.com/business/registration-cac-tin/): What do I need to do to register my business?You just need to open a Kuda Business account, then start and finish the entire registration process on the app.How much will it cost me to register my business?It’ll cost you 20,000 naira to register your business name(Sole Proprietorship or Partnership). For a Limited Liability Company (LLC), it'll cost you ₦60,000.What’s the difference between business name registration and company registration?A business name registration lets you legally trade under a specific name. A company registration makes your business a legal entity separate from your personal identity.What documents or details will I get after registering my business?If you register your business name, you’ll get a Certificate of Incorporation, a status report and a Tax Identification Number.If you register as a company, you’ll get a Certificate of Incorporation, Memorandum and Articles of Association, a status report and a Tax Identification Number.How do I register my business?Sign in to your Kuda Business account.Tap Hub, then Registration.Tap Register A Business.Select who you are registering the business for (yourself or another client).Follow the simple steps on your screen to complete the registration.What do I get after registration?You'll receive a Certificate of Incorporation, a status report, and a Tax Identification Number (TIN) after your business name registration. For a company registration, you'll receive a Certificate of Incorporation, Memorandum, Articles of Association, a status report, and a TIN.Why should I register my business through Kuda?We make the process easy and connect your registration to your banking. Once registered, you can upgrade to a ₦250 million daily limit, and apply for business grants.Can I upgrade my account after registration?Yes, you can. It'll take about 24–72 hours to verify your details.
- [Business Loan](https://www.kuda.com/business/loans/): What kind of loans can I get through Kuda Business Supply Chain Financing?You can get two kinds of loans through Kuda Business Supply Chain FInancing:1. Invoicing Financing based on your verified invoices.2. Purchase Order Financing based on confirmed purchase orders.Does Kuda Business need collateral to give me a loan?No, we don’t need collateral to give you a loan. We’ll finance your business based on your verified invoices or purchase orders.How long does it take to get a loan from Kuda Business?Our loan application and credit analysis processes are efficient, so we usually disburse loans just a few days after approval.How do I track my loan application on Kuda Business?You can track your loan application on the Kuda Business app. We’ll also send you a push notification and/or an email at every stage of your applicationWhat are the repayment terms for Kuda Business loans?To avoid putting pressure on business finances, Kuda Business loan repayment terms are flexible and usually based on a business’ cash flow. We’ll let you know the exact repayment terms when you apply for a loan.
- [Bulk Transfer](https://www.kuda.com/business/bulk-transfer/): What is Bulk Transfer?Bulk Transfer lets you pay many beneficiaries at once by uploading a CSV or Excel file of their details on Kuda Business Web, instead of paying each person one by one.How do I make a Bulk Transfer?Sign in to Kuda Business Web, go to Payments, and select Bulk Transfer. Download and fill in the beneficiary template, then upload your completed CSV or Excel file. Review the beneficiaries Kuda has validated, then confirm with your transaction PIN.What happens if some beneficiaries on my file don't pass validation?Kuda checks every beneficiary before you pay. Entries that don't pass validation are shown to you, and you can choose to go ahead with the beneficiaries who did pass while you fix the rest.Are there fees for Bulk Transfer?Transfers to other Kuda accounts are free. Sending to other banks costs ₦10 per transfer.Will I get confirmation once my Bulk Transfer is complete?Yes. You'll get an email notification once your Bulk Transfer has been processed.Can freelancers use Bulk Transfer?Yes, freelancers have access to Bulk Transfer on Kuda Business Web.
- [Business API](https://www.kuda.com/business/open-api/): What is the Kuda Business API?The Kuda Business API is a developer-friendly Open Banking API solution that helps businesses scale by giving them access to Kuda’s account opening, payment and instant settlement services.Our end-to-end financial services API gives startups and corporates real-time data access, up-to-date documentation and the power to make secure transactions.What services does the Kuda Business API offer?Collections accountsAccount transactionsBill paymentsGift cardsInstant settlementWebhooksWhat kinds of businesses can use Kuda Business API?Many kinds of registered businesses can use Kuda Business API. Some use cases for our API are below:1. Schools can create functional bank accounts for their students, making tuition payments and reconciliation significantly easier.2. Online stores and travel businesses can integrate multiple payment methods to improve checkout.3. Businesses that offer on-demand services can accept payments through wallet top-ups and bank transfers.4. Lending companies can simplify loan disbursement and repayments.5. Insurance companies can accept premium payments and process claims quicker.6. Businesses that provide general financial services can provide digital wallets, track payments easily, and automate account reconciliation.How do I get access to the Kuda Business API?To get access to the Kuda Business API, follow the steps below:1. Open a full Kuda Business account here. You’ll need your CAC registration documents.2. Click Business API on your Kuda Business dashboard.3. Click Activate Business API , then follow the prompts on your screen.
- [Bill Payments](https://www.kuda.com/business/bill-payments/): What bills can I pay on Kuda Business?You can pay for your internet, TV subscriptions, meter tokens, or betting wallet.How do I pay a bill on Kuda Business?Sign in to Kuda Business, tap on Payments, then select Pay A Bill, choose the bill you want to pay, and follow the steps shown.Why should I pay my bills with Kuda Business?You can make all your bill payments in one place, without having to leave the app.How do I get my meter token after paying?Once you pay, you'll see the token in the app and your email.Are payments processed instantly?Yes, we process payments instantly.Is there a fee for paying bills?We don't charge any fees, any additional cost comes directly from the service provider.
- [Betting](https://www.kuda.com/business/betting/): Can I pay betting bills with Kuda Business?Yes. You can top up your betting wallet directly from your Kuda Business account, alongside other bills like internet, TV subscriptions, and meter tokens.Which betting wallets can I top up?You can top up wallets including Sportybet, Merrybet, and Betway, among others.How do I top up a betting wallet on Kuda Business?Tap Bills on the main dashboard, select Betting, choose your provider, and enter the required details. Confirm with your transaction PIN, Face ID, or fingerprint.Are there fees for betting payments?Kuda Business doesn't charge a fee for betting payments. Your betting provider may charge its own fee.
- [Balance Rewards](https://www.kuda.com/business/balance-rewards/): What is Balance Rewards?Balance Rewards allows eligible Kuda Business customers to earn rewards on the balance in their main account, capped at ₦10,000. How is my reward calculated?Your reward is calculated daily based on your main account balance at the end of each day.When do I get paid?Your reward is paid monthly on the first day of the following month. If that day falls on a weekend or public holiday, you’ll be paid on the next working day.Do I need to sign up?No. There’s no opt-in or minimum balance. Rewards are calculated automatically on your eligible balance.Will I be penalised for withdrawing money?No. You can spend, send or withdraw your money at any time without a withdrawal penalty.Which accounts earn rewards?Only balances held in your main account earn rewards. Balances in expense accounts don’t qualify.Who is eligible?Both freelancers and registered businesses are eligible.Can the reward rate change?Yes. The rate may be reviewed and adjusted over time. We’ll let you know about any changes through Kuda’s usual communication channels.
- [Airtime & Internet Data](https://www.kuda.com/business/airtime-internet-data/): How do I buy airtime on Kuda Business?To buy airtime, follow the steps below:1. Sign in to the Kuda Business web or mobile app, then tap Payments.2. Tap Buy Airtime.3. Type in the amount of airtime you'd like to buy, choose the phone network, then type in the phone number and tap Buy.4. Complete your airtime recharge with your transaction ID, fingerprint or Face ID.How do I buy internet data on Kuda Business?To buy internet data, follow the steps below:1. Sign in to the Kuda Business web or mobile app, then tap Payments.2. Tap Pay A Bill.3. Tap Internet.4. Choose your mobile network or internet service provider.5. Choose your internet subscription package (data plan).6. Type in your phone number or customer ID, then tap Pay.7. Confirm your data purchase with your transaction PIN, fingerprint or Face ID.Can I recharge a Nigerian phone number with the Kuda app when I’m abroad?Yes, you can send airtime or internet data to any Nigerian mobile phone number from your Kuda app when you’re abroad. You can also buy commercial internet plans for your office modem or router wherever you are.Which mobile networks can I buy airtime and data from on the Kuda app?You can buy airtime and internet data from all Nigerian mobile networks - Airtel, Glo, MTN and 9Mobile - on the Kuda app. You can also buy internet data from Smile and Spectranet on the app.When can I use the airtime or data that I buy on the Kuda app?You'll get your airtime recharge in a few seconds after you complete your purchase on the Kuda app, and you can use the airtime immediately.Personal and commercial internet data subscriptions sometimes take up to a few minutes to become active, but you'll be able to use your data as soon as your subscription is active.